Indian Hotels Company (IHCL), India’s largest hospitality company, announced the signing of a luxury hotel and boutique resort in the Kingdom of Bahrain, both under its iconic Taj brand. These greenfield projects mark a significant milestone as IHCL becomes the first Indian hospitality company to establish a presence in the Kingdom of Bahrain, further cementing its footprint in the Middle East.
The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) has today revealed that the sector’s contribution to Egypt’s GDP grew almost 24% last year to reach a record E£953BN - nearly 21% ahead of the previous peak.
Accor, a world-leading hospitality group, has signed a milestone agreement with Naia Developments to develop two Swissôtel addresses, marking the brand’s debut on Egypt’s Mediterranean coast in Ras El Hekma.
The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) has revealed a record-breaking year for Travel & Tourism in Saudi Arabia, with new records in GDP contribution, sector jobs and visitor spend.
IHG® Hotels & Resorts, one of the world’s leading hotel companies, has signed a management agreement with Urbnlanes Development to bring two new Crowne Plaza hotels to Egypt. The dual signings will see the introduction of Crowne Plaza Cairo New Administrative Capital and the Crowne Plaza New Cairo Yellow.
The report was launched at the Conference "Investing in Tourism: Opportunities and Challenges for Sustainable Financing", part of the 50th UN Tourism Regional Commission for the Middle East. Elaborated in collaboration with the Ministry of Tourism and Antiquities of Jordan, the guide provides a comprehensive overview of the socioeconomic reality of the Kingdom, its tourism performance, and investment opportunities.
Baheej Tourism Development Company, a joint venture between ASFAR, the Saudi tourism investment company owned by PIF, and the Tamimi-AWN Alliance, has signed a strategic agreement with Kerten Hospitality, a global leader in the integrated living and hospitality sector.
Qatar hotel performance jumped during Eid al-Fitr, according to April preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) today unveiled a promising future for Oman’s Travel & Tourism sector. With strong government support and strategic initiatives, the sector is poised to not only recover but to reach unprecedented heights this year.
The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) has revealed the Qatari Travel & Tourism sector reached new heights last year, with GDP contribution, jobs and domestic traveller spend all surpassing previous peaks.
The Hospitality Management Holding (HMH), pioneer in the hotel management in the Middle East and North Africa, has taken the centre stage in the mega event of Arabian Travel Market (ATM) 2024 ongoing at the Dubai International and Convention Centre. The four-day show, kicked off on May 6 with over 2,000 exhibitors from more than 160 countries, is expected to see a huge footfall of not less than 50,000 global visitors.
The group is set to maintain and build on its leading position in The Kingdom, boasting over 25,000 rooms open and in the pipeline across a diverse range of brands from economy to lifestyle and luxury, including branded residences, the portfolio will be further enriched with the growth of its existing brands and the debut of new brands such as TRIBE ans Handwritten Collection.
Dubai’s hotel occupancy and average daily rate (ADR) reached elevated levels during Ramadan and Eid al-Fitr, according to recent data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.RamadanDuring Ramadan (11 March - 9 April), Dubai saw its highest daily occupancy levels on Friday, 29 March (at 78.9%), which coincided with the Easter holiday weekend. The market’s ADR levels peaked on Saturday, 30 March, at AED901.25.
The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) has revealed a record-breaking year for Travel & Tourism in the UAE, with new peaks achieved across key metrics including the sector’s GDP contribution, jobs and visitor spend.
Saudi Arabia's Tourism Development Fund (TDF) and Karisma Hotels & Resorts International signed a Memorandum of Understanding (MOU), exploring opportunities for developing luxury resorts in Saudi Arabia. The signing took place on 17th April at the International Hospitality Investment Forum (IHIF) in Berlin.
The Saudi Ministry of Tourism is currently taking a prominent stage at the International Hospitality Investment Forum (IHIF), presenting a unique opportunity for global investors to dive into the thriving tourism landscape of the Kingdom. With the spotlight on the Tourism Investment Enablers Program (TIEP), that was recently announced, Saudi Arabia is aggressively pushing towards its Vision 2030 goal of being a top global tourism destination for investors and tourists alike.
Helped by the annual Saudi Arabian Grand Prix, Jeddah’s hotel industry reported performance growth across the metrics, according to March preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Six Senses, part of the IHG Hotels & Resorts luxury and lifestyle portfolio, and Select Group, a renowned real estate developer headquartered in Dubai, have signed an agreement to launch Six Senses Residences Dubai Marina. This further solidifies the successful partnership that has already launched the award-winning Six Senses Residences The Palm, Dubai, which will also be home to Six Senses Place, the first wellness and social club in the United Arab Emirates.
This documentary series combines the best of two worlds: love boat-style glam events as well as behind-the-scenes exclusive access onboard the world’s most famous ship, recently transformed into Dubai’s most extraordinary hotel in one of the grandest acts of modern-day upcycling.
Jeddah Historic District today launches the restoration and regeneration of three historic properties in Al Balad into heritage hotels, an area of great historical and cultural significance on the West Coast of the Kingdom of Saudi Arabia, with UNESCO heritage protection. The hotels are part of Jeddah Historic District Program, under the Ministry of Culture, which has paved the way in the regeneration of the old town of Al Balad. Named House of Jokhdar, Kedwan and Al Rayess, each hotel has been carefully reinvigorated with the work of historians and the knowledge of locals, utilising local artists, carpenters and architects as well as locally sourced products. The three properties thoughtfully reflect their original layout and design whilst offering luxurious and effortlessly chic modernity.